Answer:
$156 million
Explanation:
The computation of the change in net working capital is shown below:
Free cash flow = EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.
$180 million = $960 million × (1 - 40%) + $120 million - change in working capital - $360 million
$180 million = $576 million + $120 million - change in working capital - $360 million
$180 million = $336 million - change in working capital
So, the change in working capital would be
= $336 million - $180 million
= $156 million
" Andrew volunteered for the American Red Cross " statements is NOT accurate regarding the deduction for qualified education loan interest.
Explanation:
The loan allowance is a federal income tax deduction that allows you to withdraw from your taxable income the interest you have paid on qualified student loans, up to $2,500. This is one of many tax benefits that students and parents can afford to contribute to higher education.
An income must be within certain limitations in order to be eligible. They do not have to specify deductions in order to obtain this deduction when they file that income tax.
Foreign companies that operate in Mexico with privileges in exchange for hiring Mexican citizens are known as maquiladoras.
<h3>What are maquiladora industries</h3>
Correspond to manufacturing and service destination factories for making, transforming or repairing foreign goods such as the US. These industries exist in peripheral countries, where there is cheaper labor and less bureaucracy.
Therefore, in Mexico, the installation of maquiladora industries received government incentives in programs carried out by Mexico and the USA, generating more jobs for local workers and reducing costs for transnational companies.
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Answer:instructing the German subsidiary to borrow euros from a bank in Germany
Explanation:A company may organize subsidiaries to keep its brand identities separate. This allows each brand to maintain its established goodwill with customers and vendor relationships. Subsidiaries can also help you position part of your business as an alternative to the parent company at a different price point.
The Chicago Company will instruct the German subsidiary to lend Euro from bank in Germany.
Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.
<h3>What is a Hospitality and Tourism career?</h3>
Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel, and similar services. These jobs provide higher monetary perks.
No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.
People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.
Therefore, the correct option is c.
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